Category: Blogs

Melamine Market to cross US$ 2.8 Billion by 2027 Global Melamine Market: Key Highlights The global demand for melamine is likely to reach cross US$ 2.8 Bn by 2027 with a CAGR of more than 4% from 2019-2027. Demand for melamine is largely attributed to strong growth in the global construction industry and rising demand for lightweight and low-emission automotives. Melamine readily reacts with formaldehyde to produce melamine-formaldehyde (MF) resins. Several other types of melamine resins include melamine-urea-formaldehyde (MUF), hexamethoxymethyl, etherified melamine, and melamine pyrophosphate. MF resins are widely employed in the manufacture of laminated wooden panels. These resins exhibit strong resistance to heat, stain, abrasion, and chemical reaction; thus, these are extensively employed in construction applications such as remodeling, furniture, and specialties laminates for electrical applications.